How does BPEM's PE Ratio compare to its peers?

BPEM is expensive based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (4.4x).

How does BPEM's PE Ratio compare vs other companies in the European Banks Industry?

BPEM is good value based on its Price-To-Earnings Ratio (5.3x) compared to the European Banks industry average (7.4x).

What is BPEM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate BPEM's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of BPEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BPEM (€5.84) is trading below our estimate of [[fair value]] (€10.71)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

BPER Banca (BATS-CHIXE:BPEM) - Stock Price, News & Analysis

BPEM Stock Overview

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally. More details

BPEM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 45.4% below our estimate of its fair value

Earnings grew by 46.7% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 5.3% per year for the next 3 years

Unstable dividend track record

BPER Banca SpA Competitors

TCS Group Holding

LSE:TCS

US$5.1b

Halyk Bank of Kazakhstan

LSE:HSBK

US$5.3b

Bank of Georgia Group

LSE:BGEO

UK£2.1b

TBC Bank Group

LSE:TBCG

UK£1.8b

Price History & Performance

Summary of all time highs, changes and price drops for BPER Banca
Historical stock prices
Current Share Price	€5.84
52 Week High	€6.04
52 Week Low	€3.02
Beta	1.27
11 Month Change	3.93%
3 Month Change	17.21%
1 Year Change	66.52%
33 Year Change	226.52%
5 Year Change	32.73%
Change since IPO	33.24%

Recent updates

Shareholder Returns

	BPEM	GB Banks	GB Market
7D	-2.1%	2.3%	0.8%
1Y	66.5%	35.9%	6.6%

Return vs Industry: BPEM exceeded the UK Banks industry which returned 35.9% over the past year.

Return vs Market: BPEM exceeded the UK Market which returned 6.6% over the past year.

Price Volatility

Is BPEM's price volatile compared to industry and market?
BPEM volatility
BPEM Average Weekly Movement	5.1%
Banks Industry Average Movement	3.8%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: BPEM has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine BPEM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1867	20,043	Gianni Giacomo Papa	www.bper.it

BPER Banca SpA provides banking products and services for individuals, and businesses and professionals in Italy and internationally. The company operates through Retail, Private, Corporate, Large Corporate, and Finance segments. It offers current and saving accounts, loans, mortgages, insurance and social security, and digital banking and related services; cards; and investments and savings products and services.

BPER Banca SpA Fundamentals Summary

How do BPER Banca's earnings and revenue compare to its market cap?
BPEM fundamental statistics
Market cap	€8.30b
Earnings (TTM)	€1.57b
Revenue (TTM)	€5.18b

5.3x

P/E Ratio

0.8x

P/B Ratio

Is BPEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BPEM income statement (TTM)
Revenue	€5.18b
Cost of Revenue	€122.97m
Gross Profit	€5.06b
Other Expenses	€3.49b
Earnings	€1.57b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.11
Gross Margin	97.63%
Net Profit Margin	30.31%
Debt/Equity Ratio	240.2%

How did BPEM perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

27%

Payout Ratio

BPEM Stock Overview

Rewards

Risk Analysis

BPER Banca SpA Competitors

LSE:TCS

US$5.1b

LSE:HSBK

US$5.3b

LSE:BGEO

UK£2.1b

LSE:TBCG

UK£1.8b

Price History & Performance

Recent News & Updates

First quarter 2024 earnings released: EPS: €0.32 (vs €0.21 in 1Q 2023)

Dividend of €0.30 announced

Dividend of €0.30 announced

Dividend of €0.30 announced

Dividend of €0.30 announced

BPER Banca SpA to Report Q3, 2024 Results on Nov 06, 2024

Recent updates

First quarter 2024 earnings released: EPS: €0.32 (vs €0.21 in 1Q 2023)

Dividend of €0.30 announced

Dividend of €0.30 announced

Dividend of €0.30 announced

Dividend of €0.30 announced

BPER Banca SpA to Report Q3, 2024 Results on Nov 06, 2024

Third quarter 2023 earnings released: EPS: €0.27 (vs €0.058 in 3Q 2022)

Investor sentiment improves as stock rises 22%

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: €0.29 (vs €0.90 in 2Q 2022)

Upcoming dividend of €0.12 per share at 4.4% yield

First quarter 2023 earnings released: EPS: €0.21 (vs €0.08 in 1Q 2022)

Investor sentiment deteriorates as stock falls 19%

Investor sentiment improves as stock rises 25%

BPER Banca SpA to Report Nine Months, 2023 Results on Nov 08, 2023

AMCO - Asset Management Company S.p.A. entered into a framework agreement to acquire NPL portfolio from BPER Banca SpA (BIT:BPE).

AMCO - Asset Management Company S.p.A. entered into a framework agreement to acquire NPL portfolio from BPER Banca SpA (BIT:BPE).

Third quarter 2022 earnings released: EPS: €0.058 (vs €0.06 in 3Q 2021)

Fire Group S.P.A. acquired Portfolio of UTP loans of BPER Banca.

Second quarter 2022 earnings released: EPS: €0.90 (vs €0.072 in 2Q 2021)

Investor sentiment deteriorated over the past week

Nexi S.p.A. (BIT:NEXI) acquired Merchant acquiring and POS management businesses from BPER Banca SpA and Banco di Sardegna S.p.A. for approximately €380 million.

Upcoming dividend of €0.06 per share

First quarter 2022 earnings released: EPS: €0.08 (vs €0.28 in 1Q 2021)

Nexi Reportedly in Advanced Talks to Acquire the Italian Payment Unit of BPER Banca

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

FITD Reportedly to Find Buyer for Banca Carige

Third quarter 2021 earnings released: EPS €0.06 (vs €0.18 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.072 (vs €0.18 in 2Q 2020)

Upcoming dividend of €0.04 per share

First quarter 2021 earnings released: EPS €0.28 (vs €0.012 in 1Q 2020)

Banco BPM and Investor in BPER Banca Reportedly Begins Working on A Potential Merger

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS €0.17 (vs €0.77 in FY 2019)

New 90-day high: €1.79

BPER Banca S.p.A. to Report Q1, 2021 Results on May 05, 2021

Investor sentiment improved over the past week

New 90-day high: €1.68

An unknown buyer acquired SUMMER from Banco di Sardegna S.p.A. and BPER Banca S.p.A. (BIT:BPE) for €96.4 million.

Banco BPM Welcomes BPER's Merger Overtures

BPER Banca S.p.A. (BIT:BPE) completed the acquisition of remaining 15.7% stake in Cassa di Risparmio di Bra S.p.A.

Shareholder Returns

Price Volatility

About the Company

BPER Banca SpA Fundamentals Summary

5.3x

0.8x

Earnings & Revenue

Dividends

5.1%

27%